FYI: Only a few years ago, IRA contributions were limited to a measly $2,000 a year. Plus, strict income limits prevented many folks from being able to contribute anything at all.
No more. Favorable changes to the IRA contribution rules have eased these limitations considerably. So if you haven’t considered the IRA as a fairly powerful retirement savings tool, maybe it’s time to change your thinking
Regards,
Ted
http://www.marketwatch.com/story/iras-are-better-than-ever-for-retirement-savings-2015-03-21/print
